News Digest Item
02 Sep 2016

“German energy utility Uniper and India Power form 50:50 joint venture in power plant services”

Uniper / Reuters

The German and Indian utilities Uniper and India Power Corporation Limited have agreed to set up a 50:50 service company joint venture, India Uniper Power Services, to offer services including the operation and maintenance of power stations. The venture “will also provide software to increase plant efficiency, banking on India's reliance on coal and gas power generation, which accounts for nearly 70 percent of its installed capacity,” writes Reuters in an article.

Find the press release in English here and the Reuters article in English here.

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